TAL International’s profits fall
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- March
- 6
TAL International Group Inc. of Purchase, a lessor of freight containers and chassis, said yesterday that it had lower fourth-quarter profits on higher revenues.
The company reported net income of $3.4 million, or 10 cents a share, on revenue of $91.4 million. For the comparable quarter a year earlier, it had net income of $14.9 million. or 45 cents a share, on revenue of $79 million. Unrealized losses on interest rate swaps boosted the expense line last quarter.
For 2007, TAL had net income of $38.8 million, or $1.16 a share, on revenue of $343.3 million. For 2006, it had net income of $42.1 million, or $1.26 a share, on revenue of $305.6 million.
This entry was posted
on Thursday, March 6th, 2008 at 6:22 pm by Jerry Gleeson.
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